A man carries bags of food in a street in the capital Tehran on July 31, 2018. / AFP / ATTA KENARE
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Iranians voiced anger, fear and defiance Tuesday as the U.S. reimposed sanctions and their leaders dismissed U.S. President Donald Trump's offer of talks as an act of "psychological warfare".Iran's markets were actually relatively buoyant, with the rial strengthening by 20 percent since Sunday after the government relaxed foreign exchange rules and allowed unlimited, tax-free gold and currency imports.In a statement Monday just hours before the sanctions went back into effect, Trump said: "The Iranian regime faces a choice.European governments are infuriated by Trump's strategy, which leaves their businesses in Iran faced with the threat of U.S. legal penalties.Many large European firms are leaving Iran for fear of U.S. penalties, and Trump warned of "severe consequences" for firms and individuals that continued to do business with Iran.Iran's currency has lost around half its value since Trump announced the U.S. would withdraw from the nuclear pact.
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